Keckley Report March 10, 2025
In the President’s 99-minute address to Congress last Tuesday, not a mention of healthcare. None. Nada. Go figure.
It’s not surprising but totally regrettable. Politicians on both sides of the aisle know it’s a vital industry to the population’s well-being and the economy’s overall stability. It accounts for a fourth of all job gains in monthly Bureau of Labor jobs reports. It also represents 28% of total federal spending (includes HHS + Veterans Health) with the CBO forecasting 5.5% annual growth through 2032. Thus, it’s not surprising it’s a target of ongoing DOGE federal spending cuts and prominent in this week’s budget reconciliation vote by Congress to avoid a shut down.
Two programs are initial targets: Medicaid and Veterans Affairs....